ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Yes group is active, you are welcome to join .
Binary options group
- Thread starter ADRIAN1991
- Start date
Yes group is active, you are welcome to join .
jovica888
Regular Member
- Dec 15, 2011
- 432
- 96
I lost 100euros in 2 days so stay away from this bull***t...
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Here you can find URL where you can donate your money to UNICEF. Belive me - you will not have your money anymore but you will feel much more better...
http://www.unicef.org.uk/Donate/donate-now/
DURABLEOILCOM
BANNED
- Feb 4, 2015
- 98
- 8
This year, On binary option!
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Gann Grid
Description:
Gann grid is the one of the technical analysis tool designed
by applying W.D. Gann concepts. The tool is available in MT4 trading platform.
Gann grid is one of the leading Indicators. Gann grid is used for squaring up time and price and is based on the most famous Gann line, the 45 degree or 1:1 Gann line which shows a strong
long-term trend. By definition "A Gann Grid represents an intersecting series of Gann Lines over laid on a price chart; Gann's teachings stress the importance of the 45 degree line representing a 1:1 relationship between time and price (1 unit of price to 1 unit of time). When price trades above the
45-degree line it is an indication of an up-trending market; when price trades below the 45-degree line it is an indication of a down-trending market". Gann grid is one of popular tool used by traders to analyze strength of trends and to spot trend changes. It is an easy to follow indicator helpful for investors, long-term traders and swing traders.
Strategy :
Traders can enter "short" if the price tops rejected in one or more number of times by downstream lines, in this case the lines serves as strong resistance for the trend. Similarly for "long"
trades price lows rejected back from upstream lines. In this case price serves as strong support for the trend. The reliability of the trade strategy increases with the number of times the price touches it and bounce back.
This is just an ideea, of course you can combine with several other indicators as RSI, MACD, or what you are used to trade with.
Overlapping with an underlying object :
> No repainting
Sample :
Symbol:
Description:
Gann grid is the one of the technical analysis tool designed
by applying W.D. Gann concepts. The tool is available in MT4 trading platform.
Gann grid is one of the leading Indicators. Gann grid is used for squaring up time and price and is based on the most famous Gann line, the 45 degree or 1:1 Gann line which shows a strong
long-term trend. By definition "A Gann Grid represents an intersecting series of Gann Lines over laid on a price chart; Gann's teachings stress the importance of the 45 degree line representing a 1:1 relationship between time and price (1 unit of price to 1 unit of time). When price trades above the
45-degree line it is an indication of an up-trending market; when price trades below the 45-degree line it is an indication of a down-trending market". Gann grid is one of popular tool used by traders to analyze strength of trends and to spot trend changes. It is an easy to follow indicator helpful for investors, long-term traders and swing traders.
Strategy :
Traders can enter "short" if the price tops rejected in one or more number of times by downstream lines, in this case the lines serves as strong resistance for the trend. Similarly for "long"
trades price lows rejected back from upstream lines. In this case price serves as strong support for the trend. The reliability of the trade strategy increases with the number of times the price touches it and bounce back.
This is just an ideea, of course you can combine with several other indicators as RSI, MACD, or what you are used to trade with.
Overlapping with an underlying object :
> No repainting
Sample :
Symbol:
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Fibonacci Retracements
Description:
Fibonacci retracements are an important element of Elliott Wave Theory. Being a combination of a trendline with several horizontal levels (distant from each other based on Fibonacci ratios), they are said to be a powerful tool for determination of price objectives. If the trendline is defined correctly, the 38% and 62% retracement levels are the most important. In a strong trend, 38% level might serve as a minimum retracement mark while in a weaker trend, the 62% level can be considered a maximum retracement.
Fibonacci numbers are 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, etc. The sequence occurs by adding the previous two numbers (i.e. 1+1=2, 2+3=5) The main ratio used is .618, this is found by dividing one Fibonacci number into the next in sequence Fibonacci number (55/89=0.618). The logic most often used by Fibonacci based traders is that since Fibonacci numbers occur in nature and the stock, futures, and currency markets are creations of nature - humans. Therefore, the Fibonacci sequence should apply to the financial markets. There are many Fibonacci tools used by traders, they include:
Fibonacci Retracements
Fibonacci Arcs
Fibonacci Fans
Fibonacci Time Extensions
Overlapping with an underlying object :
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Sample :
Symbol:
Description:
Fibonacci retracements are an important element of Elliott Wave Theory. Being a combination of a trendline with several horizontal levels (distant from each other based on Fibonacci ratios), they are said to be a powerful tool for determination of price objectives. If the trendline is defined correctly, the 38% and 62% retracement levels are the most important. In a strong trend, 38% level might serve as a minimum retracement mark while in a weaker trend, the 62% level can be considered a maximum retracement.
Fibonacci numbers are 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, etc. The sequence occurs by adding the previous two numbers (i.e. 1+1=2, 2+3=5) The main ratio used is .618, this is found by dividing one Fibonacci number into the next in sequence Fibonacci number (55/89=0.618). The logic most often used by Fibonacci based traders is that since Fibonacci numbers occur in nature and the stock, futures, and currency markets are creations of nature - humans. Therefore, the Fibonacci sequence should apply to the financial markets. There are many Fibonacci tools used by traders, they include:
Fibonacci Retracements
Fibonacci Arcs
Fibonacci Fans
Fibonacci Time Extensions
Overlapping with an underlying object :
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Sample :
Symbol:
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Fibonacci Time Zones (Series)
Description:
Fibonacci time series are an important element of Elliott Wave Theory. Use Fibonacci time series to break down a certain time period into smaller ones whose lengths are consecutive Fibonacci numbers. End of each smaller period might signify an important change in price.
Overlapping with an underlying object :
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Sample :
Symbol:
Description:
Fibonacci time series are an important element of Elliott Wave Theory. Use Fibonacci time series to break down a certain time period into smaller ones whose lengths are consecutive Fibonacci numbers. End of each smaller period might signify an important change in price.
Overlapping with an underlying object :
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Sample :
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ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Fibonacci Fans
Description:
Fibonacci fans are a combination of trendlines plotted from a single point and distant from each other based on Fibonacci ratios. Fibonacci fans share the main idea with Fibonacci retracements: using Fibonacci ratios in order to predict future support/resistance levels. On an uptrend period, it is suggested that the main trendline be plotted from the bottom to top so that retracement lines are placed below it; these lines might predict potential support levels. Conversely, on a downtrend section, the fan is plotted from the top to bottom, the retracement lines appear above the main trendline, serving as potential resistance levels.
Overlapping with an underlying object :
> No repainting
Sample :
Symbol:
Description:
Fibonacci fans are a combination of trendlines plotted from a single point and distant from each other based on Fibonacci ratios. Fibonacci fans share the main idea with Fibonacci retracements: using Fibonacci ratios in order to predict future support/resistance levels. On an uptrend period, it is suggested that the main trendline be plotted from the bottom to top so that retracement lines are placed below it; these lines might predict potential support levels. Conversely, on a downtrend section, the fan is plotted from the top to bottom, the retracement lines appear above the main trendline, serving as potential resistance levels.
Overlapping with an underlying object :
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Sample :
Symbol:
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Sure, add me skype : binaryadrian and I will add you ok ?
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Fibonacci Arcs
Description:
Fibonacci arcs are concentrical circles plotted at the end point of the trendline; their radii are based on Fibonacci ratios.
After the uptrend, these circles might signify support zones, while after the downtrend, they might indicate the resistance zones.
Calculation :
Base Line: A line from point A to point B
First Arc: Radius = .382 of Base Line
Second Arc: Radius = .500 of Base Line
Third Arc: Radius = .618 of Base Line
Overlapping with an underlying object :
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Sample :
Symbol:
Description:
Fibonacci arcs are concentrical circles plotted at the end point of the trendline; their radii are based on Fibonacci ratios.
After the uptrend, these circles might signify support zones, while after the downtrend, they might indicate the resistance zones.
Calculation :
Base Line: A line from point A to point B
First Arc: Radius = .382 of Base Line
Second Arc: Radius = .500 of Base Line
Third Arc: Radius = .618 of Base Line
Overlapping with an underlying object :
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Sample :
Symbol:
Last edited:
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Fibonacci Expansion
Description:
Fibonacci expansion are a combination of Fibonacci retracements with other analyzing techniques. This drawing consists of the trendline, the extension line, and Fibonacci retracements.
An example usage of this drawing is analysis of recent swing points. It is suggested that the begin point of the trendline be placed at a recent Swing Low, end point at recent Swing High.
The extension line starts at the end point of the trendline and can be plotted to any point of chart, though, the general idea is to finish it at the next Swing Low or the begin point of the trendline.
The lines of Fibonacci retracements might serve as support/resistance levels.
Overlapping with an underlying object :
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Sample :
Symbol:
Description:
Fibonacci expansion are a combination of Fibonacci retracements with other analyzing techniques. This drawing consists of the trendline, the extension line, and Fibonacci retracements.
An example usage of this drawing is analysis of recent swing points. It is suggested that the begin point of the trendline be placed at a recent Swing Low, end point at recent Swing High.
The extension line starts at the end point of the trendline and can be plotted to any point of chart, though, the general idea is to finish it at the next Swing Low or the begin point of the trendline.
The lines of Fibonacci retracements might serve as support/resistance levels.
Overlapping with an underlying object :
> No repainting
Sample :
Symbol:
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Fibonacci Channel
Description:
These channels are used to estimate areas of support and resistance in the same way as the horizontal Fibonacci retracement levels.
A variation of the Fibonacci retracement pattern in which the trendlines run diagonally rather than horizontally.
Many traders use the lines drawn by the Fibonacci channel in combination with other support and resistance levels found by other indicators.
One common technique is to combine the horizontal Fibonacci retracement levels with the lines established by diagonal Fibonacci channels.
Overlapping with an underlying object :
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Sample :
Symbol:
Description:
These channels are used to estimate areas of support and resistance in the same way as the horizontal Fibonacci retracement levels.
A variation of the Fibonacci retracement pattern in which the trendlines run diagonally rather than horizontally.
Many traders use the lines drawn by the Fibonacci channel in combination with other support and resistance levels found by other indicators.
One common technique is to combine the horizontal Fibonacci retracement levels with the lines established by diagonal Fibonacci channels.
Overlapping with an underlying object :
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Sample :
Symbol:
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Elliot Wave 3
Description:
Ralph Nelson Elliott developed the Elliott Wave Theory in the late 1920s by discovering that stock markets,
thought to behave in a somewhat chaotic manner, in fact traded in repetitive cycles.
Elliott discovered that these market cycles resulted from investors' reactions to outside influences, or predominant
psychology of the masses at the time. He found that the upward and downward swings of the mass psychology always
showed up in the same repetitive patterns, which were then divided further into patterns he termed "waves".
Basic Sequence
There are two types of waves: impulse and corrective. Impulse waves move in the direction of the larger degree wave.
When the larger degree wave is up, advancing waves are impulsive and declining waves are corrective. When the larger degree wave is down,
impulse waves are down and corrective waves are up. Impulse waves, also called motive waves, move with the bigger trend or larger degree wave.
Corrective waves move against the larger degree wave.
Sample :
Symbol:
A basic corrective wave forms with three waves, typically a, b and c. The chart below shows an abc corrective sequence.
Notice that waves a and c are impulse waves (green). This is because they are in the direction of the larger degree wave.
This entire move is clearly down, which represents the larger degree wave. Waves a and c move with the larger degree wave
and are therefore impulse waves. Wave b, on the other hand, moves against the larger degree wave and is a corrective wave (red).
Overlapping with an underlying object :
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Description:
Ralph Nelson Elliott developed the Elliott Wave Theory in the late 1920s by discovering that stock markets,
thought to behave in a somewhat chaotic manner, in fact traded in repetitive cycles.
Elliott discovered that these market cycles resulted from investors' reactions to outside influences, or predominant
psychology of the masses at the time. He found that the upward and downward swings of the mass psychology always
showed up in the same repetitive patterns, which were then divided further into patterns he termed "waves".
Basic Sequence
There are two types of waves: impulse and corrective. Impulse waves move in the direction of the larger degree wave.
When the larger degree wave is up, advancing waves are impulsive and declining waves are corrective. When the larger degree wave is down,
impulse waves are down and corrective waves are up. Impulse waves, also called motive waves, move with the bigger trend or larger degree wave.
Corrective waves move against the larger degree wave.
Sample :
Symbol:
A basic corrective wave forms with three waves, typically a, b and c. The chart below shows an abc corrective sequence.
Notice that waves a and c are impulse waves (green). This is because they are in the direction of the larger degree wave.
This entire move is clearly down, which represents the larger degree wave. Waves a and c move with the larger degree wave
and are therefore impulse waves. Wave b, on the other hand, moves against the larger degree wave and is a corrective wave (red).
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ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Elliot Wawe 5
Description:
The chart below shows a rising 5-wave sequence. The entire wave is up as it moves from the lower left to the upper right of the chart.
Waves 1,3 and 5 are impulse waves because they move with the trend. Waves 2 and 4 are corrective waves because they move against this bigger trend.
A basic impulse advance forms a 5-wave sequence.
Sample :
Three Rules
Believe it or not, there are only three rules when it comes to interpreting Elliott Wave.
There are many guidelines, but only three HARD rules. These are unbreakable.
Guidelines, on the other hand, are bendable and subject to interpretation.
Furthermore, these rules only apply to a 5-wave impulse sequence.
Correction, which are much more complicated, are given more leeway when it comes to interpretation.
Rule 1: Wave 2 cannot retrace more than 100% of Wave 1.
Rule 2: Wave 3 can never be the shortest of the three impulse waves.
Rule 3: Wave 4 can never overlap Wave 1.
Sample :
Symbol:
Wave 2 cannot move below the low of Wave 1. A break below this low would call for a re-count.
Even though Wave 3 is typically the longest of the three impulse waves, there is a specific rule that it cannot be the shortest.
1 or 5 can be longer than Wave 3, but both cannot be longer than Wave 3.
It is probably best to use percentages or log scales when measuring Wave length.
Elliott Wave indicates that Wave 3 must exceed the high of Wave 1.
Failure to exceed this high would call for a re-count.
Impulse moves are all about making progress. Failure to exceed the high of Wave 2 would not be making progress.
The third, and final rule, is that Wave 4 cannot overlap Wave 1, which means the low of Wave 4 cannot exceed the high of Wave 1.
Such a violation would call for a re-count.
Overlapping with an underlying object :
> No repainting
Description:
The chart below shows a rising 5-wave sequence. The entire wave is up as it moves from the lower left to the upper right of the chart.
Waves 1,3 and 5 are impulse waves because they move with the trend. Waves 2 and 4 are corrective waves because they move against this bigger trend.
A basic impulse advance forms a 5-wave sequence.
Sample :
Three Rules
Believe it or not, there are only three rules when it comes to interpreting Elliott Wave.
There are many guidelines, but only three HARD rules. These are unbreakable.
Guidelines, on the other hand, are bendable and subject to interpretation.
Furthermore, these rules only apply to a 5-wave impulse sequence.
Correction, which are much more complicated, are given more leeway when it comes to interpretation.
Rule 1: Wave 2 cannot retrace more than 100% of Wave 1.
Rule 2: Wave 3 can never be the shortest of the three impulse waves.
Rule 3: Wave 4 can never overlap Wave 1.
Sample :
Symbol:
Wave 2 cannot move below the low of Wave 1. A break below this low would call for a re-count.
Even though Wave 3 is typically the longest of the three impulse waves, there is a specific rule that it cannot be the shortest.
1 or 5 can be longer than Wave 3, but both cannot be longer than Wave 3.
It is probably best to use percentages or log scales when measuring Wave length.
Elliott Wave indicates that Wave 3 must exceed the high of Wave 1.
Failure to exceed this high would call for a re-count.
Impulse moves are all about making progress. Failure to exceed the high of Wave 2 would not be making progress.
The third, and final rule, is that Wave 4 cannot overlap Wave 1, which means the low of Wave 4 cannot exceed the high of Wave 1.
Such a violation would call for a re-count.
Overlapping with an underlying object :
> No repainting
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Useful tools for trading analys
These tools are very good when you need additional analys, like:
- price action levels
- draw support/ressistance levels
- labeling with notes your charts in platform
- placing symbols on the chart (validating a signal - for example a winner trade you can mark it with the "thumbs up" symbol)
- placing entry/exit lines for specific price targets
- price labels
And examples can continue...
These tools are very good when you need additional analys, like:
- price action levels
- draw support/ressistance levels
- labeling with notes your charts in platform
- placing symbols on the chart (validating a signal - for example a winner trade you can mark it with the "thumbs up" symbol)
- placing entry/exit lines for specific price targets
- price labels
And examples can continue...
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Description : PATTERNS
Candlestick patterns - Bearish and Bullish
>> "AbandonedBaby"
Abandoned Baby is a trend reversal candlestick pattern consisting of three candles.
Depending on their heights and collocation, a bullish or a bearish trend reversal can be predicted.
The bearish trend reversal Abandoned Baby is recognized if:
- The first candle is long and bullish and continues the uptrend;
- The second candle is Doji gapping up from the first candle;
- The third candle is bearish and gaps down from the second candle.
The bullish trend reversal Abandoned Baby is recognized if:
- The first candle is long and bearish and continues the downtrend;
- The second candle is Doji gapping down from the first candle;
- The third candle is bullish and gaps up from the second candle.
Example:
Candlestick patterns - Bearish and Bullish
>> "AbandonedBaby"
Abandoned Baby is a trend reversal candlestick pattern consisting of three candles.
Depending on their heights and collocation, a bullish or a bearish trend reversal can be predicted.
The bearish trend reversal Abandoned Baby is recognized if:
- The first candle is long and bullish and continues the uptrend;
- The second candle is Doji gapping up from the first candle;
- The third candle is bearish and gaps down from the second candle.
The bullish trend reversal Abandoned Baby is recognized if:
- The first candle is long and bearish and continues the downtrend;
- The second candle is Doji gapping down from the first candle;
- The third candle is bullish and gaps up from the second candle.
Example:
ADRIAN1991
Regular Member
- Dec 5, 2013
- 361
- 10
Description : PATTERNS
Candlestick patterns - Bearish and Bullish
>> "BeltHold"
Belt Hold is a trend reversal candlestick pattern which is a candle of specific shape.
The bearish Belt Hold candlestick pattern is recognized in the uptrend if:
- This candle is long and bearish and opens above the previous candle's High price;
- The difference between its Open price and the previous candle's High price is greater than the average body height.
The bullish Belt Hold candlestick pattern is recognized in the uptrend if:
- This candle is long and bullish and opens below the previous candle's Low price;
- The difference between its Open price and the previous candle's Low price is greater than the average body height.
Example:
Candlestick patterns - Bearish and Bullish
>> "BeltHold"
Belt Hold is a trend reversal candlestick pattern which is a candle of specific shape.
The bearish Belt Hold candlestick pattern is recognized in the uptrend if:
- This candle is long and bearish and opens above the previous candle's High price;
- The difference between its Open price and the previous candle's High price is greater than the average body height.
The bullish Belt Hold candlestick pattern is recognized in the uptrend if:
- This candle is long and bullish and opens below the previous candle's Low price;
- The difference between its Open price and the previous candle's Low price is greater than the average body height.
Example: